Eye on Lithium: Honda's motorcycle business is going electric

Honda speeds up the electrification of its motorcycle business by announcing at least ten more electric models by 2025
The company has a goal of reaching carbon neutrality for all motorcycle products by 2040
Morella kicks of a broad Pilbara-wide airborne geophysics survey covering tenements included in the Sayona earn-in

All your lithium news Wednesday, September 14.

On Tuesday the world’s largest motorcycle manufacturer, Honda, revealed its plans to introduce ten or more electric motorcycle models by 2025 in a bid to reach carbon neutrality for all motorcycle products by 2040.

The company said it aims to increase annual sales of electric models to 1 million units within the next five years and 3.5 million units (equivalent to 15% of total unit sales) as of 2030.

To accommodate the wide range of customer needs and usage environments unique to motorcycles, Honda said it would continue to reduce CO2 emissions from ICE models, while also developing models compatible with carbon neutral fuels such as gasoline-ethanol blends.

“To be more specific, in addition to Brazil where flex-fuel (E100) motorcycle models are already available, we plan to introduce flex-fuel models in India, as well, one of the major motorcycle markets,” Honda said.

“The plan is to first introduce flex-fuel (E20) models beginning in 2023, and flex-fuel (E100) models in 2025.”

Here’s how ASX lithium stocks are tracking:

CODE	COMPANY	PRICE	% TODAY	% WEEK	% MONTH	MARKET CAP
KAI	Kairos Minerals Ltd	0.036	9%	29%	13%	$64,815,085
XTC	Xantippe Res Ltd	0.0085	6%	-6%	-15%	$65,161,839
CRR	Critical Resources	0.07	6%	67%	21%	$98,209,006
ASN	Anson Resources Ltd	0.445	6%	48%	197%	$432,810,639
TYX	Tyranna Res Ltd	0.054	6%	23%	50%	$120,148,894
DTM	Dart Mining NL	0.11	5%	5%	33%	$14,202,317
AM7	Arcadia Minerals	0.27	4%	4%	86%	$12,141,452
WML	Woomera Mining Ltd	0.0155	3%	-9%	-9%	$10,302,496
ZNC	Zenith Minerals Ltd	0.31	2%	-2%	3%	$104,290,589
AUN	Aurumin	0.115	2%	10%	-30%	$14,097,053
LLL	Leolithiumlimited	0.69	2%	15%	37%	$665,993,416
PLL	Piedmont Lithium Inc	0.93	2%	8%	18%	$480,089,428
GL1	Globallith	2.45	2%	30%	30%	$380,875,814
RAS	Ragusa Minerals Ltd	0.26	2%	18%	86%	$32,804,237
NWM	Norwest Minerals	0.057	2%	-5%	36%	$10,114,014
GW1	Greenwing Resources	0.285	2%	-2%	-2%	$34,509,258
MMG	Monger Gold Ltd	0.5	1%	37%	72%	$19,819,800
BMM	Balkan Mining and Minerals	0.27	1%	46%	37%	$8,760,625
1MC	Morella Corporation	0.028	0%	12%	12%	$161,438,082
AVZ	AVZ Minerals Ltd	0.78	0%	0%	0%	$2,752,409,203
EMH	European Metals Hldg	0.86	0%	19%	-9%	$102,975,088
QPM	Queensland Pacific	0.16	0%	10%	10%	$250,178,101
TKL	Traka Resources	0.007	0%	0%	0%	$4,821,422
LEL	Lithenergy	1.2	0%	25%	7%	$54,180,000
AAJ	Aruma Resources Ltd	0.068	0%	5%	-14%	$10,673,382
EMS	Eastern Metals	0.13	0%	18%	-21%	$5,025,313
MMC	Mitremining	0.18	0%	44%	57%	$4,875,318
TSC	Twenty Seven Co. Ltd	0.002	0%	0%	-5%	$5,321,628
KGD	Kula Gold Limited	0.02	0%	-17%	-26%	$5,379,391
LRS	Latin Resources Ltd	0.115	0%	0%	5%	$224,605,770
ENT	Enterprise Metals	0.01	0%	11%	-9%	$6,529,807
AVW	Avira Resources Ltd	0.004	0%	0%	14%	$8,475,160
RMX	Red Mount Min Ltd	0.0065	0%	8%	-7%	$10,675,365
EFE	Eastern Resources	0.028	0%	-3%	-18%	$28,188,460
SRZ	Stellar Resources	0.014	0%	-7%	-22%	$13,512,767
IPT	Impact Minerals	0.007	0%	-13%	-13%	$17,369,594
SRI	Sipa Resources Ltd	0.045	0%	-4%	5%	$9,226,116
VMC	Venus Metals Cor Ltd	0.1725	0%	-4%	-1%	$27,613,573
G88	Golden Mile Res Ltd	0.034	0%	-3%	13%	$6,956,052
EPM	Eclipse Metals	0.023	0%	0%	-4%	$46,557,908
THR	Thor Mining PLC	0.011	0%	10%	16%	$12,090,797
MXR	Maximus Resources	0.05	0%	-7%	-21%	$15,945,288
DRE	Dreadnought Resources Ltd	0.115	0%	-12%	24%	$349,718,858
WMC	Wiluna Mining Corp	0.205	0%	0%	0%	$74,238,031
ZEO	Zeotech Limited	0.047	0%	-11%	-20%	$73,410,027
ALY	Alchemy Resource Ltd	0.021	0%	0%	17%	$20,014,595
DAF	Discovery Alaska Ltd	0.075	0%	-6%	50%	$16,817,602
FTL	Firetail Resources	0.24	0%	-2%	-6%	$14,827,800
DAL	Dalaroometalsltd	0.13	0%	30%	31%	$3,883,750
TKM	Trek Metals Ltd	0.073	0%	11%	3%	$22,674,541
CY5	Cygnus Gold Limited	0.3	0%	7%	20%	$44,155,595
LPI	Lithium Pwr Int Ltd	0.72	-1%	11%	13%	$253,130,015
PSC	Prospect Res Ltd	0.094	-1%	-3%	-22%	$43,914,649
PGD	Peregrine Gold	0.66	-1%	2%	-27%	$25,943,443
AOU	Auroch Minerals Ltd	0.06	-2%	-6%	-13%	$22,637,820
RIO	Rio Tinto Limited	95.06	-2%	5%	0%	$35,915,168,705
MIN	Mineral Resources.	72.45	-2%	20%	22%	$13,977,790,922
WCN	White Cliff Min Ltd	0.0235	-2%	-10%	68%	$17,942,481
RDT	Red Dirt Metals Ltd	0.685	-2%	16%	52%	$213,188,098
AKE	Allkem Limited	15.615	-2%	11%	26%	$10,196,152,795
JRL	Jindalee Resources	2.48	-2%	1%	-14%	$145,742,574
KTA	Krakatoa Resources	0.0595	-2%	-4%	-13%	$21,027,305
IGO	IGO Limited	14.565	-3%	12%	21%	$11,321,153,804
TEM	Tempest Minerals	0.037	-3%	-12%	-16%	$19,181,115
WC8	Wildcat Resources	0.035	-3%	30%	17%	$23,229,818
ESS	Essential Metals Ltd	0.515	-3%	5%	-6%	$131,165,691
AGY	Argosy Minerals Ltd	0.51	-3%	20%	26%	$717,690,300
CAI	Calidus Resources	0.5925	-3%	3%	-12%	$267,046,840
CXO	Core Lithium	1.615	-3%	8%	10%	$2,892,430,268
MNS	Magnis Energy Tech	0.48	-3%	-4%	4%	$480,314,084
LPD	Lepidico Ltd	0.03	-3%	0%	0%	$201,722,928
LIT	Lithium Australia	0.059	-3%	-8%	-31%	$74,398,236
TMB	Tambourahmetals	0.145	-3%	0%	-19%	$6,178,890
AZI	Altamin Limited	0.087	-3%	-8%	-2%	$35,254,508
PLS	Pilbara Min Ltd	4.58	-3%	16%	47%	$14,146,340,158
MTM	Mtmongerresources	0.14	-3%	-10%	17%	$5,438,955
GLN	Galan Lithium Ltd	1.4175	-4%	15%	3%	$447,717,725
BYH	Bryah Resources Ltd	0.027	-4%	-4%	-8%	$7,819,097
NMT	Neometals Ltd	1.47	-4%	6%	7%	$842,328,425
FRS	Forrestaniaresources	0.26	-4%	49%	58%	$9,007,552
LNR	Lanthanein Resources	0.052	-4%	-10%	79%	$51,992,581
TUL	Tulla Resources	0.495	-4%	-4%	-7%	$82,511,689
INR	Ioneer Ltd	0.6725	-4%	6%	-4%	$1,468,693,853
LTR	Liontown Resources	1.705	-4%	-3%	0%	$3,898,672,746
GSM	Golden State Mining	0.048	-4%	-11%	-20%	$5,850,710
CZL	Cons Zinc Ltd	0.024	-4%	-4%	-4%	$9,683,945
OCN	Oceanalithiumlimited	0.72	-4%	22%	40%	$25,143,750
INF	Infinity Lithium	0.1775	-4%	-7%	15%	$76,962,417
M2R	Miramar	0.115	-4%	0%	16%	$7,702,400
GT1	Greentechnology	0.79	-4%	10%	7%	$157,359,174
WES	Wesfarmers Limited	46.43	-4%	1%	-2%	$55,002,590,139
AS2	Askarimetalslimited	0.4	-5%	18%	-6%	$18,929,093
FG1	Flynngold	0.1	-5%	5%	12%	$6,726,410
STM	Sunstone Metals Ltd	0.04	-5%	-7%	-17%	$109,050,750
MM1	Midasmineralsltd	0.2	-5%	-18%	-20%	$11,997,670
SCN	Scorpion Minerals	0.079	-5%	-5%	20%	$27,541,989
AX8	Accelerate Resources	0.039	-5%	11%	5%	$11,088,815
IMI	Infinitymining	0.195	-5%	-3%	30%	$11,787,500
SYA	Sayona Mining Ltd	0.3375	-5%	25%	23%	$2,948,035,086
A8G	Australasian Metals	0.285	-5%	6%	2%	$12,351,148
EVR	Ev Resources Ltd	0.0285	-5%	-2%	-11%	$27,779,522
EUR	European Lithium Ltd	0.094	-5%	13%	7%	$138,623,678
RAG	Ragnar Metals Ltd	0.037	-5%	-3%	-23%	$14,788,211
CHR	Charger Metals	0.55	-5%	11%	2%	$18,897,000
RGL	Riversgold	0.036	-5%	0%	-8%	$29,457,218
MLS	Metals Australia	0.052	-5%	4%	-28%	$33,386,991
MRR	Minrex Resources Ltd	0.052	-5%	8%	-17%	$59,206,934
KZR	Kalamazoo Resources	0.245	-6%	7%	-9%	$38,296,537
ARN	Aldoro Resources	0.24	-6%	-11%	-13%	$25,394,766
SHH	Shree Minerals Ltd	0.008	-6%	0%	-20%	$10,527,139
WR1	Winsome Resources	0.315	-6%	21%	7%	$45,263,188
NVA	Nova Minerals Ltd	0.845	-6%	-7%	2%	$165,295,148
RLC	Reedy Lagoon Corp.	0.015	-6%	-6%	-12%	$8,918,831
LRV	Larvottoresources	0.225	-6%	0%	-12%	$9,967,800
QXR	Qx Resources Limited	0.03	-6%	3%	-23%	$27,499,594
AOA	Ausmon Resorces	0.0075	-6%	-17%	36%	$6,858,315
BNR	Bulletin Res Ltd	0.145	-6%	4%	-9%	$45,351,621
MQR	Marquee Resource Ltd	0.072	-6%	7%	-23%	$24,302,554
AZL	Arizona Lithium Ltd	0.0935	-7%	10%	-11%	$240,992,556
VUL	Vulcan Energy	8.12	-7%	2%	-14%	$1,252,750,531
LSR	Lodestar Minerals	0.0065	-7%	-7%	-19%	$12,169,061
LRD	Lordresourceslimited	0.26	-7%	41%	13%	$9,319,694
LIS	Lisenergylimited	0.575	-7%	-8%	-21%	$102,866,796
IR1	Irismetals	1.895	-8%	46%	201%	$124,783,500
TON	Triton Min Ltd	0.028	-10%	0%	4%	$39,022,309
VKA	Viking Mines Ltd	0.008	-11%	0%	0%	$9,227,326
PAM	Pan Asia Metals	0.405	-12%	-6%	-13%	$34,003,311
LKE	Lake Resources	1.115	-12%	-7%	-19%	$1,765,266,610
ADV	Ardiden Ltd	0.007	-13%	0%	-22%	$21,346,683
AML	Aeon Metals Ltd.	0.028	-13%	-7%	-7%	$34,989,785
PNN	Power Minerals Ltd	0.57	-13%	6%	2%	$40,334,971

Only 18 lithium companies finished the day in the green, 33 fell flat and 80 companies in the red zone.

Who’s got news out?

MORELLA MINING (ASX:1MC)

Airborne geophysics have taken off across Morella’s Pilbara projects, covering several tenements included in the Morella-Sayona (ASX:SYA) earn-in agreement.

Of particular focus will be the Tabba Tabba East (E45/4703) tenement, around 25 kilometres north of Pilgangoora which is one of the largest hard rock lithium deposits in the world.

To date the tenement has been relatively under-explored and may host lithium-bearing pegmatite intrusions.

Morella has identified several target areas at Tabba Tabba East that warrant more detailed field-based exploration activities.

Immediate efforts will focus on airborne geophysical survey, reconnaissance mapping and sampling at areas identified in preparation for a more systematic grid soil sampling and geological mapping program.

ANSON RESOURCES (ASX:ASN)

Anson has wrapped up resource drilling at the Cane Creek 32-1 well at its Paradox lithium project with initial assays outlining potential resource expansion.

The initial assays of 108 parts per million (ppm) lithium from the 29.6m thick Clastic Zone 43 is 40% higher than the average grade of the lithium brines in Clastic Zones 17, 19, 29 and 33 which were included in the recently upgraded JORC resource.

And if this wasn’t enough to put a smile on faces, exploration drilling has confirmed the additional Clastic Zones — which are much thicker than previously sampled zones — also contain a supersaturated brine.

Assays are pending from the remaining Clastic Zones and Mississippian units, which have the potential to deliver a large increase in a further planned resource upgrade.

The data and samples collected from these horizons will provide additional geological information on the brine horizons in the project area which can be sampled in future exploration programs.

POWER MINERALS (ASX:PNN)

Power Minerals has raised $5.5m in a placement to sophisticated, professional and institutional investors putting work programs at the Salta Lithium Project in Argentina’s northwest on the fast-track.

Funds raised will be used to carry out resource definition drilling at Salta this month before moving on to Incahuasi Salar – where diamond drill holes for 1,00m are planned, and then finishing up at the Pocitos and Rincon Salares.

“These funds will also allow us to pursue a potential second drill rig to operate concurrently and fast-track the expansion of the project’s existing mineral resource, which is a core focus for the company,” executive director Mena Habib says.

LAKE RESOURCES (ASX:LKE)

Processing plant technology partner Lilac Solutions can earn up to a 25% stake in the Kachi Project, based on the achievement of certain milestones.

But something is going on, because disputes have arisen between Lake and Lilac as to the date by which these milestones need to be achieved, with Lake considering the milestones must be achieved by September 30, 2022 and Lilac considering it has until November 30, 2022 to do so.

These milestones include Lilac completing at least 1,000 hours of operations (including uptime, maintenance, monitoring, and other work that constitutes operations as determined by Lilac in its reasonable discretion) of the Lilac Pilot Unit onsite at Kachi.

It also sees Lilac producing a lithium carbonate feed totalling at least 2,500 kg of lithium carbonate equivalents from onsite operations.

To resolve the dispute, Lake has exercised its rights to have the dispute resolved either by agreement of both Lake and Lilac or by arbitration. If not deal is reached Lake says it “has certain buy back rights under the Agreement which it may exercise at its option”.